Answer:
False
Explanation:
Variable costs are part of direct expenses incurred in the production of goods meant for sales. Variable costs have a direct and proportionate relationship with the output level. An increase in output level increases variable costs. Examples of variable costs are packaging and raw materials.
The contribution margin is the dollar amount available from the sale of each unit to cater for fixed costs and profits. It is calculated by subtracting variable costs from the selling price. The contribution margin is used in determining the break-even point and the output level required to achieve desired profits.
Answer:
The correct answer is letter "D": All of the above.
Explanation:
Accounting is the activity by which the economic transactions of a company are registered in ledgers that together form a group where information is recorded to be summarized at the end of an accounting period in Financial Statements. That report is useful for top managers since they can make decisions about what the firm should implement or replace to maximize the firm's resource allocation and profits.
Answer:
Total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good.
Explanation:
As consumption increases, total utility increases but marginal utility would begin to diminish after a certain point is reached as a result of diminishing marginal utility.
The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit falls.
I hope my answer helps you
8% effective. at the end of 10 years, the total of the two funds is 52,000. at the end of 8 years, the amount in fund b is three times that in fund
Answer:
$13,130.4
Explanation:
Mean is a measure of average. It is used to calculate the average of a given set of data.
Mean = Sum of Terms/Number of Terms
Monthly Mean Rental Cost = Total rental cost / Number of rents
= ($6,350 + $5,745 + $11,870 + $15,255, + $26,432)/5
= $65652/5
=$13,130.4
